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'Both India and China must help Nepal, more so India'

'Right now, people are living under plastic tarpaulins and tin roofs' 'More than assistance, Nepal needs good understanding and support from the international community' Siddhartha Kaul, president......

Banks get serious, plan to sort of NPA mess soon

The cumulative loss of 20 state-run lenders stood at Rs 14,000 crore during Q4 The Banks Board Bureau (BBB) would put in place an interim mechanism to resolve bad loans issue by June 15, its......

S&P upgrades outlook for India

Standard and Poor's raised the outlook for India's "BBB-minus" rating to "stable" from "negative," saying the country's government mandate and improved political setting offered a conducive......

Hopes of rating upgrade set to strengthen rupee

Expectations of a sovereign rating upgrade are set to see the rupee rise. Currently, Standard & Poor’s has a ‘BBB’ rating on India, the lowest in the investment grade, with a......

Fitch retains India's rating; revision depends on bold reforms

Global agency Fitch Ratings on Thursday said it has retained the 'BBB-' sovereign rating -- the lowest investment grade -- on India and a revision will depend on the government's efforts to usher......

India Ratings downgrades ABG Shipyard

India Ratings and Research has downgraded ABG Shipyard from 'IND A-' to 'IND BBB', citing reasons such as delays in order execution and bond issue.The company, however, remains positive and has......
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Fitch cuts Italy outlook on political uncertainty, weak growth

ROME, Oct 22 (Reuters) Ratings agency Fitch cut its outlook for Italy on Friday, saying weak growth, high debt and the uncertain outcome of a... ...
FOREX-Dollar index gains to near eight-month high, euro weakens

* Dollar gains as December Fed rate hike seen likely * Rate increase seen more likely if Clinton wins election * Some euro weakness... ...
Portugal keeps much-needed access to EU financial help

Lisbon: Portugal kept its much-needed access to EU financial help Friday after a European Central Bank-approved credit agency maintained its rating... ...
Madison Square Garden plans $100 mn revamp of the Forum

MUMBAI: MSG says that the Forum, which it bought in 2012, will reopen 15 January, 2014 with a performance by The Eagles following the upgrade.... ...

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